CF Benchmarks
CF benchmarks logo

Sep 18, 2025

REX-Osprey launches REX-Osprey DOGE ETF (DOJE), first US Dogecoin ETF


REX-Osprey DOGE ETF (DOJE) brings meme-coin culture to Wall Street, in an institutional-grade ETF wrapper


DOGE comes to Wall Street

CF Benchmarks congratulates REX-Osprey on the launch of the REX-Osprey DOGE ETF (Ticker: DOJE), the first U.S. exchange-traded meme coin ETF, providing investors with convenient and transparent access to the popular Dogecoin (DOGE) cryptocurrency within the regulated and familiar ETF wrapper.

Powered by CF Benchmarks

We are delighted to confirm that REX-Osprey has selected another CF Benchmarks index as the reference price for one of its newest ETFs, in this case, our CF Dogecoin-Dollar US Settlement Price (DOGEUSD_NY). DOGEUSD_NY provides the same regulated and transparent, rules-based standards of replicability, market representativeness, and manipulation resistance offered by all CF Benchmarks indices, regardless of the asset.

Key features

First mover

DOJE, which listed today on the Cboe BZH exchange, is registered under the 1940 Investment Company Act and incorporated using a Cayman Subsidiary, a common ETF structure with no additional costs to investors, enabling streamlined handling of crypto exposure.

These structures have enabled REX-Osprey to secure relatively expedited authorization for DOJE, thereby empowering investors with accelerated access to this sought-after asset for the first time.

Objective

The fund will generally invest the majority of its net assets directly in Dogecoin as well as assets that provide exposure to Dogecoin.

US-traded

Meanwhile, DOJE trades on U.S. exchanges, meaning it is fully eligible for and easily accessible by institutional allocators, RIAs and any investor seeking digital asset exposure, combined with regulatory safeguards and clarity.

Institutional use cases

These features make the REX-Osprey DOGE ETF ideal for institutional use cases:

  • Portfolio managers: DOJE is the ideal product for investment managers seeking compliant, efficient Dogecoin exposure via standard brokerage transactions, with no wallets or direct blockchain management required
  • Liquidity providers: Trading firms mandated to source DOGE, offset Dogecoin risk, or who are seeking to exploit arbitrage or margin opportunities, now have an additional vehicle to do so that is underpinned by a regulated reference rate (DOGEUSD_NY) and operational transparency
  • Advisory solutions: Wealth managers and RIAs supporting client crypto allocations can now offer direct Dogecoin protocol exposure, backed with the assurance of the most robust risk controls

About Dogecoin

Origins, size, usage, architecture

Despite being widely judged solely on its meme coin characteristics, Dogecoin, has quickly built up a strong and loyal community following since its creation in 2013, partly based on the persisting appeal of its viral “Shiba Inu Doge” meme.

With a free-floating market capitalization of over $40 billion, and a circulating supply of approximately 151 billion DOGE, Dogecoin ranks among the world’s top ten cryptocurrencies.

Consistent usage patterns have emerged for the token, including tipping, microtransactions, charitable donations, and numerous integrations into social and gaming apps, among other online uses.

Dogecoin is a layer-1 proof-of-work (PoW) blockchain. It is continually maintained and regularly updated amid ongoing development programs.

Adoption

High-profile endorsements (e.g., by Elon Musk) have amplified DOGE’s visibility. Despite its memetic origins, DOGE maintains active liquidity on major venues and is accepted by many merchants and payment processors. Such characteristics have underpinned its role as a functional medium of exchange and an entry point for retail engagement with crypto.

Conclusion

Underpinned by the combination of CF Benchmarks’ rules-based, transparent and regulated benchmark methodology, and REX-Osprey’s specialist expertise in bridging cryptocurrencies to traditional markets, the REX-Osprey Dogecoin ETF (DOJE) is the ideal product for delivering convenient and safe DOGE exposure to mainstream institutional and consumer demand.


More information

Click the links below to find out more about the REX-Osprey DOGE ETF (DOJE) and the CF Dogecoin-Dollar US Settlement Price.


The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.


Note: Some of the underlying instruments cited within this material may be restricted to certain customer categories in certain jurisdictions.


REX-Osprey launches REX-Osprey DOGE ETF (DOJE), first US Dogecoin ETF

REX-Osprey DOGE ETF (DOJE) brings meme-coin culture to Wall Street, in an institutional-grade ETF wrapper

Ken Odeluga
Ken Odeluga

Ken Odeluga

3 mins read
Weekly Index Highlights, September 15, 2025

Digital assets climbed, led by large caps. Programmable Settlement names outperformed, with Solana up double digits and Ethereum extending gains. Broad strength lifted the CF Large Cap Index 5.24%, signaling stronger breadth and momentum across majors.

CF Benchmarks
CF Benchmarks

CF Benchmarks

4 mins read
CFB Talks Digital Assets Episode 49: Bitwise's Rasmussen on the new SEC cliffhanger, Ethereum's renaissance, and BTC eyeing $1.3M by 2035

With institutional adoption again on the brink of a major inflection point, we're delighted to welcome Bitwise's Head of Research, Ryan Rasmussen to the CFB Talks Digital Assets podcast, for exclusive insights.

Ken Odeluga
Ken Odeluga

Ken Odeluga

1 mins read